Quotes About Probabilistic
If an event that was assigned a probability of 90% fails to happen, the judgment of probability was not necessarily a bad one. After all, outcomes that are just 10% likely to happen end up happening 10% of the time. The Gambardi exercise is an example of a nonverifiable predictive judgment, for two separate reasons: Gambardi is fictitious and the answer is probabilistic.
~ Daniel Kahneman
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There are errors in this book. I do not know where they are. If I did they wouldn't be there. But with close to two hundred thousand words my probabilistic mind tells me some are wrong.
~ Alan Greenspan
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The phrases 'certainty is an illusion' and 'think probabilistically about the world', both introduced in the first class, are the first two examples of high-level concepts which Dan calls airport ideas.
~ David Franklin
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However, the position of my books, and of post-modernism in general, which regards all representations, or maps, or models, as probabilistic and relative to their social context, Gross and Levitt dismissively call "perspectivism" (a good word in my estimation, so I cheerfully accept it). Gross and Levitt see perspectivism as an insidious threat to their One True Faith and a pathway downward to the bottomless abyss of nihilism.
~ Robert Anton Wilson
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Investing is about making probabilistic decisions with limited information about an unknowable future. The variables are well known, as are the possible outcomes.
~ Barry Ritholtz
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Tversky and Kahneman note that no one would buy probabilistic insurance, with premiums at a fraction of the cost but coverage only on certain days of the week, though they happily incur the same overall risk by insuring themselves against some hazards, like fires, but not others, like hurricanes.27 They buy insurance for peace of mind—to give themselves one less thing to worry about.
~ Steven Pinker
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When we can commit a crime, we can also trigger debate. Cases go to courts. Media start covering the cases. But once you build smart environments where, if you meet a certain probabilistic profile, you won't even be allowed to board a bus, let alone commit a crime, we're perpetuating existing laws so they face no challenges or revision.
~ Evgeny Morozov
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The brain is a statistical, probabilistic system, with logic and mathematics running as higher-level processes. The computer is a logical, mathematical system, upon which higher-level statistical, probabilistic systems, such as human language and intelligence, could possibly be built.
~ George B. Dyson
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Realism is punishing. Probabilistic skepticism is worse.
~ Nassim Nicholas Taleb
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Reverse-engineering problem: It is easier to predict how an ice cube would melt into a puddle than, looking at a puddle, to guess the shape of the ice cube that may have caused it. This "inverse problem" makes narrative disciplines and accounts (such as histories) suspicious.
~ Nassim Nicholas Taleb
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Realism can be punishing. Probabilistic skepticism is worse. It is difficult to go about life wearing probabilistic glasses, as one starts seeing fools of randomness all around, in a variety of situations—obdurate in their perceptional illusion. To start, it is impossible to read a historian's analysis without questioning the inferences:
~ Nassim Nicholas Taleb
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An elementary structure of the world is emerging, generated by a swarm of quantum events, where time and space do not exist. Quantum fields draw together space, time, matter, and light, exchanging information between one event and another. Reality is a network of granular events; the dynamic that connects them is probabilistic; between one event and another, space, time, matter, and energy melt into a cloud of probability.
~ Carlo Rovelli
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T]he elementary form of the mechanics of the world...does not need to mention 'time.' The world without a time variable is not a complicated one. It's a net of interconnected events, where the variables in play adhere to probabilistic rules that, incredibly, we know for a good part how to write. And it's a clear world, windswept and full of beauty as the crests of mountains; aridly beautiful as the cracked lips of the adolescent you loved.
~ Carlo Rovelli
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Doesn't every other field do that, when you have to make decisions with imperfect information in a probabilistic world? I don't think baseball's immune to that. So that's it: we're not trying to script it, we don't think they're robots. We've noticed that they're human beings and they have emotions.
~ Tyler Kepner
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Religion considers the Universe deterministic and science considers it probabilistic — an important distinction.
~ Isaac Asimov
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These last few points are key to how quantum mechanics works, so let me summarize them: The wave represents the quantum state. When we leave the system alone, it changes in time deterministically, according to Rule 1. But the quantum state is only indirectly related to what we observe when we make a measurement, and that relation is not deterministic. The relation between the quantum state and what we observe is probabilistic. Randomness enters in a
~ Lee Smolin
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Classical mechanics gave us a deterministic view of the world. Quantum mechanics, conversely, gives us a probabilistic view instead. According to Newton, if you know the cause af an event, you can predict the outcome. According to M.Born, you can only predict how likely that outcome will be.
~ Leonid V. Azaroff
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goal is to build a model of the mind in pattern theoretic terms: Starting from simple, atomic, mental entities (the generators of pattern theory) we shall combine them into regular structures, thoughts, (configurations) later on to be controlled by probabilistic rules of connections.
~ Unknown
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may exist mathematical laws of thought in principle derivable from physic/chemistry. Such laws would have to be probabilistic.
~ Unknown
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I thought poker might be a perfect environment to start to learn probabilistic decision-making, and to live what it means to have skill versus chance and to see how that played out. I would dive in head first into the poker world.
~ Maria Konnikova
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Man is a deterministic device thrown into a probabilistic universe. In this match, surprises are expected.
~ Michael Lewis
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Since so many research conclusions depend on essentially mathematical ideas-the principles of statistical and probabilistic inference-and since even the best-trained physicians tend to have only a modest mathematical education, physicians end up taking many of these conclusions on faith.
~ Unknown
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Machine learning tends to be more focused on developing efficient algorithms that scale to large data in order to optimize the predictive model. Statistics generally pays more attention to the probabilistic theory and underlying structure of the model.
~ Unknown
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